Small Forex Account Traders NEED To Know This One Thing

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  • Опубліковано 17 лис 2024

КОМЕНТАРІ • 542

  • @georgialife1976
    @georgialife1976 3 роки тому +1867

    I always remind myself that I’m growing an account not flipping weed 😀

    • @GmoneyFamilyy
      @GmoneyFamilyy Рік тому +22

      Lol same

    • @markho9653
      @markho9653 5 місяців тому

      😂😂😂😂

    • @brandonmonroy6483
      @brandonmonroy6483 5 місяців тому +1

      I'm just doing.
      Copy trading because it's hard for me to letry.
      Ing to guess trying to get a funded account?It's going pretty well

    • @HerMonarchEmpire
      @HerMonarchEmpire 3 місяці тому

      ​@brandonmonroy6483 please how do you copy trades?

  • @DiaAkin
    @DiaAkin 3 роки тому +492

    SUPER facts!
    I've turned $2.86 cents into $260. $216 into $3k. Then ALWAYS got greedy, over leveraged, and wiped out what it took a week or two to accomplish in one or two trades.
    Sticking to my plan and literally FORCING myself to maintain trade discipline has changed things drastically.
    One of the things I had to conquer psychologically was the celebration. I'd get a string of wins and start feeling like "the man" and blow the account thinking I was "on a roll." Now, I treat my wins just like my losses. I keep my emotions out of it. They don't even excite me. I take my pips and wait for the next setup that align with my trading plan.
    Once I learned that it's a marathon, it's been smooth sailing ever since. Trust me, these micro and mini lots add up over time!

    • @JayWilliam-
      @JayWilliam- 5 місяців тому +3

      Are you still trading ? Still successful & able to turn a profit ?

    • @sunshinesuperbikes
      @sunshinesuperbikes 5 місяців тому

      hi

    • @lightskinnedbrother6599
      @lightskinnedbrother6599 5 місяців тому +2

      Gangsta

    • @ustintembo
      @ustintembo 4 місяці тому +7

      This is encouraging, I tried this with demo account. I traded demo for 4 months just to have confidence since I am a beginner, but with discipline, I learn that it's possible I traded demo from 2k to 114k in four months. Now I want to deposit $10 just to assess my psychology and discipline.

    • @Stoicrespect
      @Stoicrespect 4 місяці тому

      Do you mean like if you make 100 you withdraw that to your bank account and trade with whatever made you 100

  • @skhumbuzomdlalose6349
    @skhumbuzomdlalose6349 3 місяці тому +32

    So true. The market isn't your friend, accept it's generosity and don't get greedy.

  • @lrtone
    @lrtone 2 роки тому +85

    is the true man, Im traders really very small accounts, every trades I use $1.2 margin, cuz off all I have $4, just $4. every trades I take a provit very smal, $0.29 $.35 and maximum $0.50 is the big provits for me. I never tired, i never thinking this wasted, I always do it and do it again until i changes $4 to $40. God blessed you All.

  • @cicculata
    @cicculata Рік тому +94

    The problem is when u only care bout the money instead of percentage.

  • @nurio_valdir
    @nurio_valdir 3 роки тому +783

    EVERYTHING THAT PEOPLE TAKE A WHILE TO LEARN, SWAGGY JUST SIMPLIFIED IN LESS THAN MINUTE, GOAT

    • @KingSwaggy
      @KingSwaggy  3 роки тому +30

      🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾

  • @tombeast1786
    @tombeast1786 2 роки тому +298

    I usually just wait for the 500-1000 profit each day and call it good.

  • @lxlo9505
    @lxlo9505 Рік тому +22

    Needed to hear this .. blew my account because I go greedy and didn’t take the 500+ in profit, so I lost 400 instead .. you live and you learn . Ready for the next week.

  • @GeorgeinLakeTahoe
    @GeorgeinLakeTahoe Рік тому +142

    I will be a millionaire!

  • @kingghapoo
    @kingghapoo 2 роки тому +46

    What he said is so true I been there. I started with $50 I went up to $300 then I try to change the amount and try go higher bien greedy. and and I blow my account but I’m never giving up.

  • @Grizzlydakid
    @Grizzlydakid 5 місяців тому +24

    Best way to build a small account , is compound your money to a large amount

  • @riskybankss
    @riskybankss Рік тому +31

    Best thing to do with small account, set SL, don’t allow the market to pull back take profit, and last and mostly important trade high set ups only,

  • @millennialhacker5941
    @millennialhacker5941 3 роки тому +146

    Great reminder! This is literally me now. First year not successful, just passed my 2nd year anniversary and am much better! 100 days going to turn into 1,000 days. All about the process!

  • @jrjohnson770
    @jrjohnson770 3 роки тому +158

    This is facts man. I’m still learning a lot , i have a very small account tho. Like 300. I’ll be up 80-100 sometimes watch that drop into negative smh. It’s Sunday tho , new week and profits ahead , learning from those mistakes !

  • @anklesthedragon
    @anklesthedragon 2 роки тому +7

    Small account needs to scale. Realistically. People gotta remember that the miracle jumps that they see is a 1 in a billion. If you have a small account, $100 is a lot proportionately. Look for %, not for $. That’s how you’ll grow. Within 1-2 years you’ll thank yourself that you took the $100 daily average.

  • @sizwemseleni6820
    @sizwemseleni6820 5 місяців тому +4

    I've been a victim of this a few times now... I'm learning to be more patient and not greedy!! Thanks for the advice ❤

    • @KingSwaggy
      @KingSwaggy  5 місяців тому +2

      As long as you check in with yourself and realize things like this, then you’re on the right path 🙌🏾🙌🏾💯

  • @primozblatnik316
    @primozblatnik316 2 роки тому +64

    A month later i went from 100 to 1k.

    • @primozblatnik316
      @primozblatnik316 2 роки тому +20

      Lets hope I can do 2x every month from here on out

    • @PurrpIe
      @PurrpIe 5 місяців тому

      @@primozblatnik316hey man, it’s been 2 years, how is everything working for you? can we get a quick update?

    • @XBprod
      @XBprod 4 місяці тому

      @@primozblatnik316so ? Did you mange to do it ?

    • @MustafaMao
      @MustafaMao 4 місяці тому

      @@primozblatnik316Hope you’re a profitable trader by now since 2 years has went by❤

  • @mrsjoy8831
    @mrsjoy8831 3 роки тому +54

    I legit needed to hear this I have 70 dollars in my live account and I'm do lost

  • @alirezahosseini841
    @alirezahosseini841 3 роки тому +8

    I'm truly in love with this man.i see many video in UA-cam that people dissing him and i found it unreasonable. Congratulations to all of those people who learning from swaggy because you can't find a better and honest trader.
    I just want to give my appreciation to you swaggy.
    God bless your life.

    • @alirezahosseini841
      @alirezahosseini841 3 роки тому +2

      I already watched all of your UA-cam videos and I'm impatiently waiting for more.it would be great if you post more on UA-cam, because lotta people can't afford your course (including me).
      Again thanks for helping people to make better life.
      Take care

  • @shady610
    @shady610 3 роки тому +1

    The best advice. Too many advise to just leave your money in and wait. I always tell people , taking profit is never a bad idea.

  • @cassandra8436
    @cassandra8436 3 роки тому +2

    The realest Advice Ever...Swagy you just awesome .. the Best forex advisor ...

  • @traceyharding8713
    @traceyharding8713 3 роки тому +55

    That advice was golden, I’ve had to learn this the hard way. Thanks 🙏

  • @Ditidittti
    @Ditidittti Рік тому +33

    Actually i grow 3 times an acount of 20-70 dollars into just a day to a 1300 dollars and than i thought now let me make those 1 k into 10 k and i endet up losing 1.3 k in matter of minutes and also added another 1 k from my hard working salary and endet up crying inside for days 🤣🤣🤣🤣🤣

  • @OzzieDoxie
    @OzzieDoxie 2 роки тому +21

    This is literally me rn...
    Trynna grow a mini acct to a thousand dollars.
    Hope it works thru savings tho

  • @neekorevo
    @neekorevo 3 роки тому +6

    Dropping that magical advice!! Bless you for helping the blind see the light! You sure have made a HUGE impact on my life and my trading journey.

  • @2LMALCOLM
    @2LMALCOLM 3 роки тому +17

    You literally spoke to me on that brother. It’s all psychology

  • @sterlingcampbell4394
    @sterlingcampbell4394 11 місяців тому +4

    im not a trader (yet) but i am a poker player. This logic is just as true at the poker table. You sit down to a low atakes game, maybe $1/$2 blinds with $200. An hour goes by and you cant lose and now you're up to $500. Most guys will stay way longer at the table then they should and end up leaving with $100 if that. "Take the money off the table."

    • @KingSwaggy
      @KingSwaggy  11 місяців тому

      Appreciate your insights man!

  • @abdirizakmohamud6591
    @abdirizakmohamud6591 3 роки тому +13

    You make a lot of sense to me bro all I need is 10pips and I am out

  • @SaintBernard1127
    @SaintBernard1127 2 роки тому +2

    Facts bro ppl get that misunderstood...

  • @malcolmn.5222
    @malcolmn.5222 3 роки тому +4

    As a beginner trader this is very true!!!!!

  • @misstinytrader88
    @misstinytrader88 Рік тому +5

    My daily goal is $100 buck in 4 or less trades. If I get that in 1 trade I'm done for the day on my paper account. My live account. 0.25 cents is great since I can only afford 1 share at a time.

  • @sheriannecrichlow7333
    @sheriannecrichlow7333 3 роки тому +20

    Facts...patience is key!

  • @AFter-instrumentals
    @AFter-instrumentals Рік тому +4

    I like what your saying about skipping the process, i been doing it for 2 years. Ive made 4k lost it 3 days later and couldnt buy lunch. Thats a phsycology and mentality issue

  • @noahkwilliams999
    @noahkwilliams999 3 роки тому +5

    Love how you focus so heavy on psychology. #OGswagacademy

  • @naviphdancers
    @naviphdancers 2 роки тому +4

    You inspired me to start taking profits 📈

  • @magnumopus8202
    @magnumopus8202 7 місяців тому +1

    He's right. Trading contrary to popular belief is not a get rich quick scheme. This is a slow and frustrating process. The market is always looking to test your discipline. Stick to the plan or lose it all.

    • @KingSwaggy
      @KingSwaggy  7 місяців тому +1

      110%!!! Easy come, easy go. The real winners are the ones who can weather the storm and stay true to their vision. ✊🏾

  • @mrdump4512
    @mrdump4512 2 роки тому +3

    7 months in and I’m slowly breaking out of this mentality finally

  • @Kuchhhhhh
    @Kuchhhhhh 3 роки тому +5

    You should do this more often, you are giving some good advices

  • @Faith12Man
    @Faith12Man Рік тому

    Swag know this game💯, I Been thru a lot the market made me get in line. Take profits quickly and don't double back 💯💯💯💯💯

  • @markho9653
    @markho9653 5 місяців тому

    Facts....He talking to me being greedy that's my problem...I need to learn to take what the market gives me

    • @KingSwaggy
      @KingSwaggy  5 місяців тому

      Absolutely bro! 💯 Leave that FOMO at the door and let the market do its thing.

  • @WandaResende
    @WandaResende 3 роки тому +4

    Exactly the best Academy ever tfs God bless you and your familia and your team

  • @saitamaspunchkim4148
    @saitamaspunchkim4148 5 місяців тому +1

    I'm literally starting forex trading today....I know one day as long as it may take...I WILL be a millionaire

  • @TheBrosier
    @TheBrosier 2 роки тому +2

    said it once before man but it’s crazy to see you go from saint peezys bball team to this congrats on everything bro. It’s an inspiration to stay in the game

  • @Delightful_Gamer
    @Delightful_Gamer 7 місяців тому

    Truth… people like you are needed in this space👍🏽

  • @mylesbankhead1384
    @mylesbankhead1384 Рік тому +1

    Look at it like a dice game. The market has $5.3 trillion. You’ll never break the markets pockets, but it can definitely break yours. Get your money, and get out.

  • @matthewblackwood4744
    @matthewblackwood4744 2 роки тому +1

    I totally agree with him. Keeping it simple.

  • @marvinrandolph4008
    @marvinrandolph4008 2 роки тому +3

    Thank you for sharing your advice in this video!

  • @JayBloodborne
    @JayBloodborne 2 місяці тому

    I just started getting into the mix yesterday watcing videos. So basically try to hit my daily/weekly quota and if i make profit whether it being $100+ take it and reset. Dont get greedy otherwise theres the high risk of it losing value and i lose money. Makes sense. I sorta already had that down and this mindset going in and i can keep my emotions in check. This will be the ultimate test tho when i see numbers goin up

  • @Eddycoinn
    @Eddycoinn 9 місяців тому +1

    Im new to this game of forex trading. I know nothing at all but i believe that if i can learn more each day about forex,1 day i will give a testimony..♥️

    • @KingSwaggy
      @KingSwaggy  4 місяці тому

      You got this fam 🙌🏾

  • @opeyemiemmanuel2472
    @opeyemiemmanuel2472 2 роки тому +4

    I love your motivation boss. Fist time watching ur videos, I think I need to follow you 🥰

  • @retrotrollpyrus8171
    @retrotrollpyrus8171 Рік тому +1

    Yeah i had to learn the hard way
    But im glad
    I learned alot by just slowing down and taking my time

  • @ballboiydrew7260
    @ballboiydrew7260 2 роки тому +3

    Thanks for the update

  • @angelleon2807
    @angelleon2807 3 роки тому +4

    enjoying the process 🙏🏽

  • @lilbuddylee131
    @lilbuddylee131 9 місяців тому

    This actually great advice bought sprint that turn into T-Mobile. Waited for it to grow and sold it. Stop being loyal to the winner. Act like a side piece get what you can and jump ship.

  • @kyalopresley
    @kyalopresley 2 роки тому +70

    True I took a 20 dollar account to 75 dollars and lost it all waiting for 100 dollars 😢

    • @ifeanyiibeh3974
      @ifeanyiibeh3974 Рік тому +1

      Just happened to me yesterday , took a 30 dollar account to 98 dollars waiting for a 100 then blew the account 😢

    • @rj42
      @rj42 Рік тому +4

      Daanggg that's almost a 4× amount of your initial purchase definitely a common beginning mistake, but even just doubling your share is a majority of the time depending on your circumstances

    • @virgilma6153
      @virgilma6153 Рік тому +5

      1 year later, how its going now?

  • @fortyking08
    @fortyking08 10 місяців тому

    Hes right blew one account and learned this, cant be greedy take profit at 20 or 30 pips, the rest of the week can make up for it.

  • @mrdump4512
    @mrdump4512 3 роки тому +2

    Definitely has been my downfall is not taking profits

  • @kyleruheonlinecoach479
    @kyleruheonlinecoach479 2 роки тому +4

    Solid advice my g.

  • @omosuyimichael4438
    @omosuyimichael4438 2 місяці тому

    I really love this knowledge you passed here.

  • @DeepBlues365
    @DeepBlues365 Рік тому

    I took profit. Thsnks Swaggy C for this mindset shift

  • @HariPrakash-h8b
    @HariPrakash-h8b Місяць тому

    That's very valuable information 👏👏👏👏👏💯

    • @KingSwaggy
      @KingSwaggy  Місяць тому

      Glad you think so🙏🏾

  • @charismaticmedia9997
    @charismaticmedia9997 3 роки тому +1

    Swaggy is back!!!!!!!
    Im super excited💞💝
    Mind blowing video as expected

  • @nhunhungozi6488
    @nhunhungozi6488 4 місяці тому

    You're 120% correct that's what I'm doing right now 🎉

    • @KingSwaggy
      @KingSwaggy  4 місяці тому

      Ayeeee, no time to waste 🤟🏾

  • @U-Thought
    @U-Thought 3 роки тому +1

    That's like the realest advice out there, refreshing to my memory Bro Gad. 😎

    • @U-Thought
      @U-Thought 3 роки тому

      Especially since the goat academy stand tall, I'm definitely taking profits..... 🙏🏼 Thank you bro, I always say this, "I want to be like you, the characteristic side; highly motivated, determine...."

  • @agentnumbers5237
    @agentnumbers5237 2 роки тому +1

    Learning my patience within the years. Won't skip the process.

  • @haywood9001
    @haywood9001 8 місяців тому

    Thanks Swaggy!!!!
    You are always on point!!💯

    • @KingSwaggy
      @KingSwaggy  6 місяців тому

      You're welcome bro, thank you for listening!!

  • @chrishonking6148
    @chrishonking6148 3 роки тому +5

    Swaggy! The time has come and I’m just curious will there be an email for log in information for old members who cannot log in yet?! Been counting down months I’m ready!!

  • @TheAP83
    @TheAP83 2 роки тому +3

    I agree that what market gives you

  • @ericstinnett9182
    @ericstinnett9182 Рік тому

    Great video, give yourself time to grow, and learn while your making money. Build Wealth over a period of time. Thanks

    • @KingSwaggy
      @KingSwaggy  Рік тому +1

      Thank you! I hope it helps fam!

  • @hansraj_solanki_09
    @hansraj_solanki_09 5 місяців тому

    Your knowlegde and explanation level oh man too much high🔥 #talkingenergy⚡

    • @KingSwaggy
      @KingSwaggy  5 місяців тому +1

      I try and break it down the best I can 💪🏾 Glad you are grasping 💯

    • @hansraj_solanki_09
      @hansraj_solanki_09 5 місяців тому

      ​@@KingSwaggyyeah boss keep growing 😊❤

  • @shaheedadams1640
    @shaheedadams1640 7 місяців тому

    That's true , no patience.
    The number of times I've entered a trade and pulled out instead of just waiting .
    Then it goes my way after that 😂

    • @KingSwaggy
      @KingSwaggy  6 місяців тому

      Patience is hard sometimes 😂

  • @callemteck1387
    @callemteck1387 11 місяців тому

    Great advice from the homie but one thing I think he failed to mention is WITHDRAW!!!
    PAY YOURSELF FIRST

  • @agoratv2024
    @agoratv2024 3 місяці тому

    May the pips be with us😊

  • @scentsoftravelmeditation
    @scentsoftravelmeditation 7 місяців тому

    I’ve just made some good profit after ur advise
    Bless you bro 💙

    • @KingSwaggy
      @KingSwaggy  7 місяців тому +1

      Keep it up🙏🏾

  • @keonlewis4982
    @keonlewis4982 3 роки тому

    What up it’s your Boi Keyz
    Wow Sunday service right there 💯👌🏾
    Str8 Gospel

  • @grimnyc216
    @grimnyc216 3 місяці тому

    he's right in the aspect of not thinking a small win is a win but in the same breath that 100 can mean something to someone who is deadass down and out so its all about perspective just keep your emotions out of gambling and youll be aight

    • @KingSwaggy
      @KingSwaggy  3 місяці тому

      Perspective is everything.Take your time! and never skip the process.💯

  • @SKTEZE.
    @SKTEZE. Місяць тому

    I’ve been using a demo account to start and I just learned this the hard way it’s fake money but the lesson was very much real

    • @KingSwaggy
      @KingSwaggy  Місяць тому

      Lessons are lessons🙏🏾 Take those notes with you!

  • @andys6385
    @andys6385 3 роки тому +1

    Fr I had to learn the hard way with crypto I just take whatever I can get and let it ride

  • @ed4183
    @ed4183 2 роки тому +11

    It will never get better, if you try to skip the process. Thanks man, that's all I needed to hear👊💯

  • @Drumstep69
    @Drumstep69 Рік тому

    I love you man, you are totally right, patience is a major game changer.

  • @billrussells2521
    @billrussells2521 Рік тому +1

    This advice is gold

  • @NVishuddha
    @NVishuddha Рік тому

    Don’t base your goals off money, do it off%. If you’re starting out don’t risk more than 1% targeting maybe 2-4%. Once you have the skill the money will come. If you’re staring at your wins and gloating them, I guarantee you losses will hurt you. Having and showing emotions is different. At the start it’s almost impossible to not have emotions, we are people chasing something greater and we want it asap. Do not show your emotions and this will improve your ability to not have them at all internally or very minimal. The key to trading once you have the technicals down is understanding yourself. Knowing when you’re in the right headspace to trade and knowing when you are not. Above that is, knowing when market conditions are good and when they are bad. The markets are designed algorithmically to create these turbulent trading days to spark your emotions. Avoiding these days and waiting for A+ setups. A massive amount of people would be more profitable right now if they only had the discipline to recognize good market conditions and ONLY taking A+ setups. Good luck, give it time. Confidence comes from your skill set💪

    • @KingSwaggy
      @KingSwaggy  Рік тому +1

      Thanks for the support man. Appreciate it!

  • @josephberchman2719
    @josephberchman2719 3 роки тому

    YOU SAID IT ALL....
    YOU THE G.O.A.T ..
    THANK YOU FOR THE ADVICE AND LESSON..

  • @emillacosta5854
    @emillacosta5854 2 роки тому +2

    You are an inspiration my man!!!!!

  • @ilovecannelloni6813
    @ilovecannelloni6813 4 місяці тому

    As a swing and day trader, i do it differently. I let my strategy do its thing. As long as you have trust in your strategy and tp/sl, you shouldn't be paranoid.

  • @gracevibez8030
    @gracevibez8030 Рік тому

    Love your efforts. It's sensible and It's like a reality show to me.

  • @desphixs
    @desphixs 8 місяців тому

    You’re the man Swaggy ❤️

    • @KingSwaggy
      @KingSwaggy  6 місяців тому

      Thanks bro 🙏🏾🙏🏾

  • @julioperfecto6934
    @julioperfecto6934 Рік тому

    Which trading platform is this???

  • @pauloyatowo2235
    @pauloyatowo2235 2 роки тому +2

    Surely the best advice

  • @stretch4sho904
    @stretch4sho904 3 роки тому

    AWESOME ADVICE. I’m
    Looking forward to buying the course next week. 😁😁😁

  • @c.cringg
    @c.cringg 2 роки тому +2

    You earned a aubscriber. ❤️

  • @JayMalone414
    @JayMalone414 2 роки тому +1

    I needed to hear champ 😅🙌that’s practically me

  • @ShashiAhuja-s3i
    @ShashiAhuja-s3i 2 місяці тому

    Swag Academy ....it reminds me of JEE preparation days

  • @MichealCoach
    @MichealCoach 3 місяці тому

    True brother…made a good point

    • @KingSwaggy
      @KingSwaggy  3 місяці тому

      Appreciate it! 🙏🏾

  • @karas_kuuhaku7670
    @karas_kuuhaku7670 2 місяці тому

    Where to get started?? Mt4 MT5? Funded account that can be trusted?

  • @modestojunior9425
    @modestojunior9425 Рік тому +1

    Good thanks for your advice am still moving on

  • @mijogdp29
    @mijogdp29 3 місяці тому

    Honestly my biggest biggest issue. I get greedy. I need to be OK with a small limit. Then not trade after target hit.

    • @KingSwaggy
      @KingSwaggy  3 місяці тому

      Psychology is 90% of the game fam! You got this.😊

  • @noahmartin4515
    @noahmartin4515 Рік тому

    *Options Enters the Chat* Options are pretty risky, but very rewarding. I double my money every couple days. You need to know when to enter and exit. Don't be greedy and take the profit before you loose it all. Be patient, some days are just not trading days. Have a trading rule set. Follow it even when tempted to disobey. Discipline will generate success.

  • @remiix2937
    @remiix2937 3 роки тому

    oh for sure i damn near blew 1 account but i took my time wit it & grew it even further than what i originally invested def some good words of advice for sure

  • @tetra3ne56scur3
    @tetra3ne56scur3 11 місяців тому

    Also don’t miss sell or buy opportunities in trends too right?